OQ: Creating a more sustainable future for Oman and the planet

  • Date: 23-Jan-2023
  • Source: Gulf News
  • Sector:Oil & Gas
  • Country:Oman
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OQ: Creating a more sustainable future for Oman and the planet

It is believed the global population is growing by over 200,000 people a day, which will ensure an overall population of close to 10 billion by 2050. The projected growth will pose myriad problems, not least how to develop a more sustainable world. A sustainable planet is as far from reality as it ever has been in the modern age. In the autumn of 2022, the Environment Agency at the United Nations said there was 'no credible pathway' to limit any rise in global temperature to 1.5c. As a result, the consequences for the planet will be bleak, with urgent progress needed. A company hoping to act as a catalyst for change are OQ. The business is a global integrated energy company, with its roots in Oman. The company unlocks the potential of hydrocarbons and delivers a wide range of refined, petrochemical products. Formed in late 2019, following the successful integration of nine legacy companies, OQ covers the entire value chain in the energy sector and harnesses energy for good, as part of its 'Energy Beyond Limits' core philosophy. The company is motivated by a desire to create sustainable value for their business and Oman, with the ability to drive